Rad Power Bikes and Cycle pilot consumer e-bike subscriptions

Rad Power Bikes and Cycle pilot consumer e-bike subscriptions

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https://techcrunch.com/2022/09/22/rad-power-bikes-and-cycle-pilot-consumer-e-bike-subscriptions/

Rad Power Bikes, a popular American e-bike brand that has raised over $300 million in the past two years, will start offering bikes as a subscription service next week. The company is partnering with Cycle, a Berlin-based e-bike subscription service that caters to couriers and last-mile delivery, to pilot the offering in Berlin.

Starting September 22, Cycle will provide two cargo bikes, the RadRunner and RadWagon, for rent with a starting price of €79.90 per month and the choice between a rolling monthly rental or a yearly contract, according to Cycle.